The Benazir Income Support Programme (BISP) is providing crucial financial assistance to over 9.3 million families in Pakistan. This program ensures that deserving women receive monetary aid in a dignified manner. The assistance provided by BISP is helping families meet their essential needs while encouraging financial independence through various initiatives. The government continues to expand its support through different programs under BISP.
Key Points About BISP | Details |
Families receiving assistance | Over 9.3 million |
Current quarterly payment | 10,500 rupees |
Upcoming increase in quarterly payment | 13,500 rupees |
Children enrolled in schools through BISP | 7.3 million |
Financial Assistance through Benazir Kafalat Programme
Table of Content
One of the key features of BISP is the Benazir Kafalat Programme, which is currently providing 10,500 rupees per quarter to needy women. This financial aid helps women manage their household expenses and improve their living standards. From next year, this amount will increase to 13,500 rupees per quarter, offering even more support to families in need.
Benazir Taleemi Wazaif Programme
In addition to financial assistance, BISP is also supporting education through the Benazir Taleemi Wazaif Programme. So far, 7.3 million children have been enrolled in schools under this initiative. By encouraging education, BISP aims to improve the future prospects of these children and their families, breaking the cycle of poverty.
Benazir Nashonuma Programme
The Benazir Nashonuma Programme focuses on the health and nutrition of mothers and children. Currently, two million mothers and children benefit from this program. It provides necessary nutritional support and health services to ensure the well-being of both mothers and their children, helping them lead healthier lives.
BISP Savings Scheme
The BISP Savings Scheme was recently launched in a pilot phase, with around 150,000 participants. The program encourages participants to save money, and BISP contributes an additional 40% of the savings accumulated. This contribution is paid to participants on a quarterly basis, helping them build a secure financial future. This initiative promotes financial independence and long-term security for low-income families.
Benefits of the BISP Savings Scheme:
- Encourages participants to save money
- 40% additional contribution from BISP
- Paid quarterly to participants
- Helps secure financial future
Digital and Financial Literacy Training
BISP is also focused on empowering women through education. Over 7,000 women have received digital and financial literacy training so far. This training helps women understand how to manage their finances and use digital tools effectively, enabling them to take control of their economic futures.
Mobile Registration Vans for Remote Areas
To reach people in remote areas, BISP operates 25 mobile registration vans in Sindh and Balochistan. These vans help register individuals who are eligible for financial assistance but may not have easy access to government offices. This initiative ensures that even the most isolated individuals are not left out of BISP’s support.
Conclusion
The Benazir Income Support Programme is making a significant impact on the lives of millions of families across Pakistan. With financial assistance, educational support, health programs, and initiatives to promote savings and financial literacy, BISP is helping to uplift vulnerable populations. As the program continues to expand, it promises to offer even more support to those in need, ensuring that everyone receives help in a dignified and effective manner.
Also Read: 80% of Islamabad Households Registered Under BISP: Data from Free Flour Scheme
FAQs
How much financial assistance does BISP provide under the Benazir Kafalat Programme?
BISP currently provides 10,500 rupees per quarter to needy women, and this amount will increase to 13,500 rupees per quarter next year.
What is the Benazir Taleemi Wazaif Programme?
The Benazir Taleemi Wazaif Programme enrolls children in schools, with 7.3 million children currently benefiting from the initiative.
How does the BISP Savings Scheme work?
Participants in the BISP Savings Scheme are encouraged to save money, and BISP contributes an additional 40% of the savings. This amount is paid quarterly to the participants.
What areas do the mobile registration vans cover?
BISP operates 25 mobile registration vans in the remote areas of Sindh and Balochistan to help register individuals for financial assistance.